Meanwhile, the United Kingdom is laying the groundwork for a far-reaching crypto regulatory regime, positioning themselves to reclaim the initiative and emerge as a leader in digital finance. UK officials are developing a detailed framework that will subject crypto firms to the same stringent standards as traditional financial institutions. The...
Meanwhile, the UK is keen to position itself as the crypto king. We get it. A clear regulatory framework sounds fantastic. Investor protection? Absolutely. Let’s not confuse ambition with wisdom, or regulatory zeal with real progress. Are we building our own finance fortress? Or are we building a gilded cage...
The United Kingdom’s Financial Conduct Authority (FCA) would like to hear your views on regulating cryptoasset trading platforms. They are drawing up a detailed regulatory framework for the cryptocurrency industry. The FCA is dedicated to developing sustainable growth and innovation in the crypto space. Beyond sustainability, their focus is on...
The UK’s Financial Conduct Authority (FCA) is currently consulting with the public so as to inform their future regulation of cryptoasset trading platforms. This is a crucial opportunity for individuals and businesses involved in the crypto space to shape the regulatory landscape and influence how these innovative technologies are governed...
Meanwhile, the UK continues to crow about becoming a global crypto hub. It’s starting to sound like just talk. Politicians have their heads so deep in their own congratulatory back-pats. At the same time, Southeast Asia’s dynamic creative ecosystems—from artists to developers to entrepreneurs—stand hoping to reap the bounties of...
Not so long ago, the UK imagined itself a top global center for crypto innovation. New analyses indicate those aspirations are slipping away. Marcin Kowalczyk, a blockchain regulatory analyst, notes that the UK's approach to crypto regulation, while aiming for a balance between innovation and consumer protection, is falling short...
The UK has been blowing a lot of hot air about wanting to be the next global crypto hub. Remember the bold pronouncements back in 2022? Now, crickets. While the EU charges ahead with MiCA and the US seems to be waking up – potentially with a pro-crypto Trump 2.0...
The United Kingdom is in danger of losing out in the race to establish itself as a global cryptocurrency centre, leading industry execs have told. Since last year, the UK government has pursued an agenda to make their country the home base for the crypto industry. Ambitious progress has largely...
Now it is the turn of the UK Treasury to announce its plans to regulate the cryptocurrency industry. Their goal is to fold this new sector into the traditional banking regulatory framework. These blueprints include regulations on stablecoin issuance, as well as policies to curb market manipulation.The UK intends to...
The UK Treasury’s borrowing of US crypto regulation is worth raising an eyebrow over, and frankly speaking, it should be a lot more than just that. That unspoken assumption, that what is good for Wall Street must be good for the UK, is very dangerous. So we’re not just talking...
